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- California Gets $153m More from VW on Dieselgate
- Pieter Nota to take over BMW Sales as Ian Robertson Retires
- BMW at Lime Rock with IWSC Championship at Stake
- Group Renault Sets Half-Year Sales Record – 1.88 Million
- 2018 Mercedes-Benz S-Class Models Grow
- Attorney General Jeff Sessions on Prescription Painkillers
- Major Greed Baseball – All Star Game Ruined by Ads
- Hoffa: Opioid Use Due to Broken System
- The Fourth of July 2017
- Autonomous Vehicles to Cut Auto Insurance Biz 71% By 2050
- Maven Gig Expands to San Francisco
- American Airlines Using Toxic Uniforms Made in Asia
- Magna to Make BMW 5-Series Plug-in Hybrid
- Truck Sales Can’t Pick Up Slack from Sliding May Car Sales
- Chevrolet Corvette Z06 Owners Sue GM
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Category Archives: fools ‘n frauds
California Gets $153m More from VW on Dieselgate
In California, VW’s cheating is particularly harmful because California’s air quality is worse than anywhere else in the nation. Ten million Californians live within the nation’s only severe non-attainment areas for ozone pollution, and 12 million live in areas with nation-leading levels of fine particle pollution. Continue reading
Hoffa: Opioid Use Due to Broken System
Opioid drugs, including prescription painkillers and heroin, killed more than 33,000 people in the U.S. during 2015, a record. The epidemic is straining public services and state budgets. Continue reading
Posted in fools 'n frauds, insurance, news analysis, safety
Tagged AmerisourceBergen, Attorney General Bill Schuette, autoinformed, autoinformed.com, Cardinal Health, DEA, heroin, including prescription painkillers and heroin, Ken Zino, McKesson, opioid epidemic, prescription painkillers, Teamsters Union
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The Fourth of July 2017
We should celebrate our feisty past today, and honor the men and women of vision and property that created wealth. They established this country starting with the War of Independence, continuing through the Articles of Confederation and the U.S. Constitution that is still in place – as fine a document of governance of the people, by the people and for the people that ever existed. Continue reading
GM Shareholders Reject Greenlight Overwhelmingly
Shareholders of General Motors Co. (NYSE: GM) have elected all 11 of GM’s Board nominees with preliminary results also showing that shareholders have rejected Greenlight’s proposal to create a dual-class common stock structure. Continue reading
Posted in financial results, fools 'n frauds, results
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Trump on Track for Largest Deficits in U.S. History.
At 77 % of gross domestic product (GDP), federal debt held by the public is now at its highest level since the end of World War II. The Congressional Budget Office in an extremely detailed report concludes that despite considerable uncertainty of long-term projections, debt as a percentage of GDP would probably be greater – likely, much greater – than it is today if current laws remained generally unchanged. Continue reading
Life Sentences for Maruti Suzuki Workers
The contentious case in India’s notoriously biased courts backed up by violent police forces that favor ownership and the rich, stems from a violent incident at Maruti Suzuki on 18 July 2012 that resulted in the death of a manager. Continue reading
Posted in fools 'n frauds, litigation, news analysis, people
Tagged autoinformed, autoinformed.com, india, Industrial, Ken Zino, Maruti Suzuki, worker rights
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Trump Lies – Healthcare Bill Boots 24m, Eventually Keeps 52m from Insurance Because of Tax Cuts for Favored Rich
Look at an analysis by the independent and widely respected Congressional Budget Office that was released his week, and promptly dismissed by Republicans as bogus. In the analysis, the highly respected, independent CBA says that 24 million people – mostly poor – will lose health service while giant, unimaginable tax cuts will go to the supper rich. Continue reading
Posted in AutoInformed Editorial, fools 'n frauds, news analysis
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Volkswagen Pleads Guilty on Felony Charges in Dieselgate
Volkswagen AG will plead guilty to three criminal felony counts and pay a $2.8 billion criminal penalty because of the company’s long-running Dieselgate caper that sold ~590,000 diesel vehicles in the U.S. using a defeat device to cheat on emissions tests. Continue reading
U.S. Court Grants $14.7 Billion Plea in VW Diesel Fraud Case. Criminal Charges, Fines, Stockholder Lawsuits Outstanding
U.S. District Judge Charles Breyer today approved a $14.7 billion partial Consent Decree plea deal between Volkswagen, the California Air Resources Board (CARB), the Environmental Protection Agency (EPA), the U.S. Department of Justice (US DOJ) and the U.S. Federal Trade … Continue reading
Posted in fools 'n frauds, fuel economy or emissions
Tagged autoinformed, autoinformed.com, carb, dirty diesels, epa, Ken Zino, NOx emissions, vw diesel fraud
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More Flood Cars Back in Use – Buyer Beware
“Flood cars are a buyer’s worst nightmare,” said Larry Gamache, communications director at Carfax. Continue reading
Posted in fools 'n frauds, news analysis
Tagged autoinformed, autoinformed.com, carfax, flood cars, global warming, Ken Zino
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Long-Time Volkswagen Engineer Pleads Guilty to Criminal Charges for Rigging Tests on Dirty Diesels
In the latest setback for beleaguered Volkswagen in the thus far un-ending Dieselgate scandal, a long-time employee – James Robert Liang – pled in the U.S. Eastern District Court of Michigan to criminal charges over his role in rigging results for at least 11 million diesels, thereby defrauding regulators. Continue reading
GM Recycles 2 Million Flint Water Bottles from Toxic Crisis
The Flint water crisis, of course, is a sordid chapter in the questionable record of the two-term Republican governor Rick Snyder. General Motors acted disgracefully as well, and was in the middle of it and participated in the coverup of the toxic water supply. Continue reading
Judge Issues Initial OK of VW Dirty Diesel Settlement
Under the proposed settlement, eligible customers have two choices: (1) they can sell back their vehicle to Volkswagen or terminate their lease without an early termination penalty, or, (2) keep their vehicle and receive a free emissions modification, if approved. Continue reading
Posted in environment, fools 'n frauds, litigation
Tagged autoinformed, autoinformed.com, Ken Zino, vw diesel scandal
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Two Florida Men Guilty in Multi-State Biodiesel Fraud
The co-conspirators received at least $42 million from the sale of these RINs to third parties, and $4,360,724.50 in false tax credits for this fuel. Continue reading